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8. What is the NPV of the following project? Should we accept this project? Cash Year Flow 0 -20,000 (8 z 11) 1 8,000

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8. What is the NPV of the following project? Should we accept this project? Cash Year Flow 0 -20,000 (8 z 11) 1 8,000 2 9,000 34 7,500 5,200 The discount rate is 5%.

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